MultiversX Tracker is Live!

Congrats everyone! BTC is back to HODL level on the BTC Rainbow Chart (aka BTC logarithmic regression)! Link in comments.

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by COINS NEWS 184 Views

https://www.blockchaincenter.net/bitcoin-rainbow-chart/

This is the chart that gives me the most hope that this isn't a true bear market, but just a temporary correction caused by market uncertainty.

We just got back to HODL territory, and that means we're on track with what the price of BTC "ought" to be on average in a sustainable trend.

If you're looking to sell or buy and didn't know about this chart, it's a straightforward tool to help know what price you're getting for your BTC.

With that being said, smarter people than me recommend dollar cost averaging and getting into a market whenever you can vs waiting for a correction.

Also, upvote any posts you want others to see here in r/cryptocurrency. Keep those downvote bots at bay!

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